Sirius unveils $0.7bn acquisition plan in Israel


Bermuda-based insurer Sirius said on Sept. 14 that it entered into a definitive agreement to purchase of 4.9 percent of Israel’s The Phoenix Holdings from Delek Group for NIS 208 million ($59.04 million) in cash.

Sirius International Insurance Group, M&A, Acquisition, Israel, Phoenix Holdings, Delek Group, EMEA, Bermuda

Intelligent Insurer